USA: $10 TRILLION in Debt

At the close of business on Aug. 31–for the first time in the history of the country–the publicly held debt of the federal government topped $10 trillion, according to data released by the U.S. Treasury Department at 4:00 p.m., Sept 1. During Obama’s presidency, debt held by the public has now increased by $3.71694 trillion–or almost 59 percent from the $6.3073 trillion in debt held by the public that the government owed to its creditors on Jan. 20, 2009, when Obama was inaugurated. Read more at CNSNews.com